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Alfa Romeo plans on introducing a new cross-over SUV called the Stelvio. Although pricing is confusing with the current competition, some automotive analysts believe the
Alfa Romeo plans on introducing a new cross-over SUV called the Stelvio. Although pricing is confusing with the current competition, some automotive analysts believe the basic production model will be sold in Europe at a price of 41,000. At this price they believed the company stood to earn a 30% margin on each car. If the car is sold in the United States at $48,650 when the exchange /S is posting 1.1865. How much will Alfa Romeo gain in margin at this price: a. 28.36% b. 68.47% c. 18.36% d. 18.65%
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